[Magdalen] Taxes???

[ME Michaud]

Yes, we get an owner-occupied rebate.
But that’s good.
Unfortunately there are investors who *claim* to live in their property to
get the rebate. We all delight in catching & reporting them :-)
-M


On Tuesday, May 1, 2018, Charles Wohlers <chadwohl at satucket.com> wrote:

> As Ms. Michaud said, no income tax in NH. We do have income tax in VT (&
> MA). Property taxes, OTOH, are much lower than in NH. Our property taxes
> here are (past tense in MA) ~$4K per year. In VT you get a rebate on
> property taxes if your taxable income is "lowish" - for us, it's ~$1000. In
> the town we lived in, in MA, a $20K property tax bill would mean property
> worth a million or so.
>